Reports
Oman Selects Eight Technology Firms for US Expansion Through Numo Accelerator
Eight Omani technology firms have qualified to be part of the first cohort of companies to join the Numo Accelerator, a programme aimed at introducing local companies into the US market and establishing international partnerships. It was launched by the MoTCI in partnership with the AmCham Oman, and will offer the participating companies 12 months of customised support to expand into overseas markets.
Numo Accelerator Prepares Omani Firms for US Expansion
The Numo Accelerator programme emphasises building strategies that can help technology entrepreneurs catch up with North American competition. Individual mentoring will be provided for each company, taking into account the company’s offer, target customers and the market position of the company. The support is geared to assisting founders in creating viable go to market plans in the US environment.
Numo Accelerator Provides Tailored Mentoring and Introductions
The program will also include personalized referral networking with potential customers and partners. Additionally, mentors will help with follow-up and commercialization, and monitor opportunities to cultivate potential business relationships for participating companies. This methodology puts the market in the focus of the programme.
Numo Accelerator Connects Startups With AmCham Oman
The winners will be granted a membership at the Premium level in AmCham Oman as well as 1-year membership at AmCham UAE, access to over 320 Member Companies and Business Events & Cross-border expertise. Also supporting the programme are Dell Technologies, MHD Infotech and Tellefsen and SAS who all happen to have experience in technology and enterprise services.
Numo Accelerator Supports Oman’s International Expansion
The initiative is part of the broader strategy of modernizing Oman’s digital economy and expanding commercial activities. Local technology businesses can benefit from competition drawn by service providers and customers abroad by helping to attract them. The programme also aligns with Oman’s Vision 2040 plans to ensure growth based on innovation and diversifying the economy.
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